6, MAGNOLIA MEWS, SWANTON MORLEY, DEREHAM, NR20 4FH - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

6 MAGNOLIA MEWS is a very small detached house of 67m², built sometime from 2007 onwards. It was last sold for £220,000 in April 2019, which was around 26% below the average April 2019 detached price in the Breckland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

6 MAGNOLIA MEWS Sold Prices

Land registry data shows two sales for 6 MAGNOLIA MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 6 MAGNOLIA MEWS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 23 APR	£220,000	£297,618	26% below HPI
2009 10 DEC	£183,979	£198,842	7% below HPI

6 MAGNOLIA MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 6 MAGNOLIA MEWS sales from December 2009 and April 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2009 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 6 MAGNOLIA MEWS?

6 MAGNOLIA MEWS is 67m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of detached houses in Swanton Morley, based on EPC data. The below chart shows the distribution of detached houses by size in Swanton Morley, and where 6 MAGNOLIA MEWS lies on this distribution: 1% of detached houses are smaller than 6 MAGNOLIA MEWS, and 98% of houses are larger. Note that EPC data is not available for all properties in Swanton Morley.

6 MAGNOLIA MEWS: Plot and Title Map

6 MAGNOLIA MEWS sits on a plot of roughly 1.9 acres, or 7,515m². The below map shows the location of 6 MAGNOLIA MEWS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 MAGNOLIA MEWS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 6 MAGNOLIA MEWS?

6 MAGNOLIA MEWS is located in SWANTON MORLEY, in the NR20 postcode district. The below map shows the position of No. 6 on MAGNOLIA MEWS.